Credit Rating

“AAA/Stable” by CRISIL and “IND AAA/Assigned” by India Ratings & Research 

Face Value

Rs. 10000/- per Bond

Issue price

Rs. 10000/- per Bond

Minimum application size

One Bond of Rs. 10,000/- 

Maximum application size

Five Hundred Bonds of Rs.10,000/- each (Rs.50,00,000) subject to fulfillment of other conditions as specified in Income Tax Act

Rs.4,000 Crore

Mode of Subscription

100% on application

Deemed Date of Allotment

Last day of the month during which the application amount has been cleared and credited to NHAI’s collection account

Transferability

The Bonds are non-transferable, non-negotiable and cannot be Offered as a security for any loan or advance

Maturity

At par, 3 years from Deemed Date of Allotment

Interest payment

Annually On 1st April and Final Interest at the time of Maturity

Coupon rate

6.00%  payable annually.

Redemption

Bullet, at the time of Maturity i.e. 3 years 

Trustee

Syndicate Bank
6, Bhagwan Das Road
New Delhi-110001

Closure of Issue

The issue is open on-Tap Basis and closes on March 31, 2014 at the close of the banking hours or on achieving of ceiling limit of Rs.4,000 Crore without any further notice or at a date as may be decided by NHAI at its absolute discretion